Federal Reserve Chairman Jerome Powell will reiterate his pledge to prevent entrenched inflation, in testimony released before his Senate nomination hearing on Tuesday. “We will use our tools to support the economy …
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Fed Chairman Jerome Powell: “No cryptocurrency ban, but regulation necessary”
United States Federal Reserve Chairman Jerome Powell, speaking before the House Committee on Financial Services, said that the authority had no issue to ban cryptocurrencies. Rather, he believes that the crypto market …
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Jerome Powell said inflation could turn out higher than expected
During the highly-expected Federal Reserve meeting on Wednesday Afternoon, Chair Jerome Powell confirmed that inflation was set to continue for the dollar, perhaps even more than previously expected. Good news …
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The Federal Reserve will engage the public on a digital dollar this year
The Federal Reserve will be engaging with the public on the question of a digital dollar, according to Chair Jerome Powell. Powell made his comments during Wednesday’s House Financial Services Committee …
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Federal Reserve is “looking very carefully” into a digital dollar
In his remarks for the Senate Banking Committee, Federal Reserve Chairman Jerome Powell mentioned that a digital dollar was a “high-priority” project. However, at this stage, the central bank is still assessing …
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